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Trump, lawmakers and debt limit
A hurdle for Trump's agenda: Republicans who have never backed laws raising the debt ceiling
Members of President Donald Trump’s own party could complicate his effort to avoid a standoff over extending the nation’s borrowing limit — which means a complication for Trump’s legislative plans overall as he manages big promises and small Republican congressional majorities.
Trump now must confront a problem he can’t solve alone: The debt ceiling
The new president and congressional leaders are meeting Tuesday to hash out a strategy for maintaining US creditworthiness and the government's ability to service $36 trillion in debt. Trump is deeply unhappy the issue is even on the table.
House GOP lawmakers raised alternative debt limit plays in huddle with Trump
President-elect Trump and House Republicans in favor of raising the state and local tax (SALT) deduction cap discussed lifting the debt limit in legislative vehicles other than the “big,
GOP ponders how to raise the debt ceiling despite dozens of members who've always held out
Forty-nine House Republicans and a dozen senators have never voted for a law to raise the debt limit, highlighting issues the small GOP majorities could face enacting their agenda.
GOP leaders in debt limit quandary between Trump, fiscal hawks
Congressional GOP leaders are in a massive pickle as they weigh how to deal with a looming deadline to raise the debt ceiling. President Trump is pressuring Republicans to not allow Democrats to
6d
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using ...
5d
on MSN
Federal government to hit $36T debt limit on Tuesday
President-elect Donald Trump will take charge of a federal government that will reach its self-imposed debt limit of $36 ...
6d
on MSN
Feds will hit debt ceiling day after Trump’s inauguration, forcing ‘extraordinary measures’: Treasury Secretary
This letter serves to notify you, pursuant to 5 U.S.C. § 8348(l)(2), of the extraordinary measures that Treasury will begin ...
6d
on MSN
Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 to prevent hitting debt ceiling
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...
15h
US Treasury Adds Measure to Avert a Debt-Ceiling Breach
The US Treasury said it’s expanding its use of special accounting measures to avert breaching the federal debt limit, which kicked back in earlier this month.
19h
Jeffries says attaching debt limit to wildfire aid is ‘nonstarter’
House Minority Leader Hakeem Jeffries (D-N.Y.) on Thursday rejected the idea of combining California wildfire aid with a debt ...
E&E
2h
Jeffries draws red line on debt-for-aid deal: ‘Nonstarter’
Top House Democrats are pouring cold water on a Republican proposal to trade a debt limit increase for California wildfire ...
KTLA
10d
5 ways the debt limit fight could play out under Trump
President-elect Trump and congressional Republicans are plotting how to address the nation’s
debt limit
this year. The ...
6d
on MSN
Ro Khanna says Democrats should demand a minimum wage increase in exchange for helping Trump raise the debt ceiling
Khanna told Business Insider that a federal minimum wage increase has broad support and that Democrats "should force ...
6d
on MSN
US to hit debt ceiling Tuesday, starting Congress’ countdown clock
The nation will hit its roughly $36 trillion debt limit on Tuesday, when the Treasury Department will start taking ...
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Trump
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